Pluri Inc. (NASDAQ: PLUR) warned on Nasdaq $35M market value listing rule
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Pluri Inc. reports that on July 7, 2026 it received a Nasdaq notice that it is not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires a minimum market value of listed securities of $35 million for continued listing on The Nasdaq Capital Market. Pluri also does not currently meet the alternative standards of stockholders’ equity of at least $2.5 million or net income of $500,000 from continuing operations in the most recent year or two of the last three years.
The company’s common shares continue trading on Nasdaq under the symbol PLUR, and Pluri has 180 calendar days, until January 4, 2027, to regain compliance. If its market value closes at or above $35 million for at least 10 consecutive business days during this period, Nasdaq will confirm compliance. If compliance is not regained, Pluri expects a delisting notice but could appeal to a Nasdaq Hearings Panel. Management is evaluating options to regain compliance, while cautioning that success is not assured.
Positive
- None.
Negative
- Nasdaq non-compliance and delisting risk: Pluri received notice it no longer meets Nasdaq’s $35 million market value of listed securities requirement or alternative equity/net income standards, creating a risk its shares could ultimately be delisted if compliance is not restored within the 180-day period.
8-K Event Classification
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
1 item
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice or transferred its listing to a different exchange.
Key Figures
Market value of listed securities requirement: $35 million
Alternative stockholders’ equity standard: $2.5 million
Alternative net income standard: $500,000
+3 more
6 metrics
Market value of listed securities requirement
$35 million
Minimum MVLS required under Nasdaq Listing Rule 5550(b)(2) for continued listing
Alternative stockholders’ equity standard
$2.5 million
Alternative Nasdaq continued listing standard for stockholders’ equity
Alternative net income standard
$500,000
Alternative Nasdaq continued listing standard for net income from continuing operations
Compliance period length
180 calendar days
Initial period to regain compliance, ending January 4, 2027
Minimum days at required MVLS
10 business days
Number of consecutive business days MVLS must close at or above $35 million
Compliance deadline
January 4, 2027
End of Nasdaq compliance period under Listing Rule 5810(c)(3)(C)
Key Terms
market value of listed securities, Nasdaq Listing Rule 5550(b)(2), continued listing requirements, Nasdaq Hearings Panel, +1 more
5 terms
market value of listed securities financial
"requires the Company to maintain a minimum of $35 million in market value of listed securities"
The market value of listed securities is the total worth of stocks, bonds and other tradable instruments quoted on an exchange, measured using the prices investors are willing to pay right now. It’s calculated by multiplying each security’s current market price by the number of units outstanding and adding those amounts together, like totaling the value of every item in a store at today’s prices. Investors watch this because it shows the size, liquidity and overall health of the market or a company’s publicly traded portion, and it influences index weights, fund allocations and perceived risk.
Nasdaq Listing Rule 5550(b)(2) regulatory
"not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires the Company to maintain"
continued listing requirements regulatory
"ability to regain and maintain compliance with Nasdaq’s continued listing requirements"
Rules a stock exchange sets that a publicly traded company must keep meeting to stay listed and tradable on that exchange, such as minimum share price, market value, timely financial reports, and basic governance practices. Like a club’s membership rules, they matter because falling short can lead to warnings, penalties or removal from the exchange, which can cut liquidity, hurt share value and increase the risk for investors.
Nasdaq Hearings Panel regulatory
"the Company may be eligible to appeal any delisting determination to a Nasdaq Hearings Panel"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.
forward-looking statements regulatory
"contains express or implied forward-looking statements within the Private Securities Litigation Reform Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Earnings Snapshot
FAQ
Why did Pluri Inc. (PLUR) receive a Nasdaq deficiency notice?
Pluri received a Nasdaq notice because it is not complying with Nasdaq Listing Rule 5550(b)(2), which requires a $35 million market value of listed securities, nor does it meet the alternative stockholders’ equity or net income standards.
How long does Pluri Inc. (PLUR) have to regain Nasdaq compliance?
Pluri has an initial 180 calendar days, until January 4, 2027, to regain compliance with the $35 million market value of listed securities requirement, as provided under Nasdaq Listing Rule 5810(c)(3)(C).
What must Pluri Inc. (PLUR) do to regain compliance with Nasdaq’s MVLS requirement?
To regain compliance, Pluri’s market value of listed securities must close at $35 million or more for at least 10 consecutive business days during the 180-day compliance period, unless Nasdaq requires a somewhat longer period.
What happens if Pluri Inc. (PLUR) cannot regain Nasdaq compliance by January 4, 2027?
If Pluri does not regain compliance by January 4, 2027, it expects Nasdaq will notify the company that its securities are subject to delisting. Pluri could then request a hearing before a Nasdaq Hearings Panel, which would stay any suspension or delisting during the process.
Which alternative listing standards does Pluri Inc. (PLUR) currently fail to meet?
Pluri does not meet Nasdaq’s alternatives of having stockholders’ equity of at least $2.5 million or net income of $500,000 from continuing operations in the most recently completed fiscal year, or in two of the three most recently completed fiscal years.